Middle Eastern investment in European clubs and the collapse of a planned Super League are the main driving factors behind two of England's most storied football teams, Liverpool and Manchester United, seeking new investors, industry experts have told Reuters.
", with the Anfield club struggling to qualify for the lucrative Champions League next season.
"The challenge for whoever purchases the team, if an individual or investment firm, is they will need to compete against 'state-owned' teams such as Manchester City, Paris St Germain and Newcastle United," Neirotti said. As top European clubs sought more revenue streams, United and Liverpool were two of the 12 teams involved in creating the breakaway Super League in 2021, before fan backlash and government pressure forced the owners into a quick U-turn.
Both clubs eventually reached the Champions League final - the pinnacle of European soccer - for the first time in history and were among theNewcastle United's takeover by Saudi Arabia's Public Investment Fund has also turned around their fortunes with the Tyneside club third in the Premier League and in the semi-finals of the League Cup this season. Newcastle have not won a major trophy in more than 50 years.
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